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the repate ration tax is gigantic. that's why a lot of money is overseas in tax haven. get the money back to the united states so they'll hire and spend capital. that's how you get the economy to grow. >> do you think we see 15,000 this year? it's only the first month. >> here's the funny thing. a lot of people are on the sidelines. that money will come in because bond rates are at 2%. >> are you one of the those people on the sidelines? >> i've been in but i'm getting nervous. at some point the market will say i'm over valued, i've got to correct. everybody is calling for correction. that means the market will continue upward. >> there were a lot of guys like you, scott, in the middle of the crisis. >> i thought i was one o one ofa kind. >> you said maybe we should take the money out of the market, don't play that. then you missed this rally. what's your advice for the average investor. >> you have to start legging in here. i really do, i think the market is going to reward you for taking on some risk. there's really nowhere else to go, jenna. even corporate bobbe bond
the repate ration tax is gigantic. that's why a lot of money is overseas in tax haven. get the money back to the united states so they'll hire and spend capital. that's how you get the economy to grow. >> do you think we see 15,000 this year? it's only the first month. >> here's the funny thing. a lot of people are on the sidelines. that money will come in because bond rates are at 2%. >> are you one of the those people on the sidelines? >> i've been in but i'm getting...
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one, clarification from washington, a grand bergan encompassing deficit reduction with tax reform, entime reform and deschristianry spending reforms in areas like debt. extension of the debt ceiling for two years. clarification on europe. first, the recession needs to stabilize, but beyond that, policy initiatives clearly indicate a road to political and fiscal and banking reforms and an indication that europe is serious about improving competitiveness. resumption of growth in emerging economies, like china, and finally the federal successfully engineering a modest increase in interest rates without unleashing runaway inflation. maria, these are tall orders, i know, but resolution of all these issues would be a huge boost to business confidence, capital expenditures and hiring would increase dramatically and revenues would rise, and that's what we need, maria. back to you. >> that's some list, bob. >> pretty ambitious. >> we'll be watching that. not everybody is buying into this bull market theory, by the way. pimco's bill gross is actually warning investors to be afraid, and i mean very
one, clarification from washington, a grand bergan encompassing deficit reduction with tax reform, entime reform and deschristianry spending reforms in areas like debt. extension of the debt ceiling for two years. clarification on europe. first, the recession needs to stabilize, but beyond that, policy initiatives clearly indicate a road to political and fiscal and banking reforms and an indication that europe is serious about improving competitiveness. resumption of growth in emerging...
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Feb 1, 2013
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the republicans don't want their taxes raised. and the democrats just don't want their entitlements cut. that's the way we're going to keep moving. >> got to have a little fun before we go here down here in beautiful florida. >> sure. yeah. >> you traffic with a lot of hedge fund guys. i know you know dan lowe quite well, carl icahn. i have to ask you because you talked in this group about madoff and pyramid schemes and you talked about how they work. i have to ask you. i know you're not a stock guy, not going to give me something specific on herbalife but i know you know these guys. who's right? >> so i'll caveat my answer with the fact that i've not studied herbalife. i don't know whether -- knowing all of the different players, i've known some better than others for a long time. dan lobe is one the most talented investors in the world. he's a good friend. and i would never bet against dan lobe. so i think ackman's got a tough road from here. >> thanks for having a little fun with that. carl, you heard it there. do not bet again
the republicans don't want their taxes raised. and the democrats just don't want their entitlements cut. that's the way we're going to keep moving. >> got to have a little fun before we go here down here in beautiful florida. >> sure. yeah. >> you traffic with a lot of hedge fund guys. i know you know dan lowe quite well, carl icahn. i have to ask you because you talked in this group about madoff and pyramid schemes and you talked about how they work. i have to ask you. i know...
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Feb 1, 2013
02/13
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the company blames the new health care law for that reason, specifically the medical device tax. london-based smith & nephew specializing in developing orthopedic reconstruction products says the cuts are necessary to deal with the new cost associated with the tax. that is 2.3%. expected to raise nearly $30 billion over the next decade. a majors is source of consternation for many of these companies. they fought it and fought it and they lost in the end. on this jobs thing, if you're a teenager in america, unemployment is almost 24%. that is ridiculous when you talk --. martha: greece for that population there. bill: the next generalmation of americans have to deal with that? we'll talk about that in a moment. martha: tough picture. speaking of lay youfls we've been talking about the president happenedding a pink slip to the group he formed to bring back jobs. charlie and i were discussing about that. was the jobs council an exercise if futility or did it have meaning? they don't want it anymore. bill: 7.9%. >>> a 5-year-old boy is still held hostage in a underground bunker. how
the company blames the new health care law for that reason, specifically the medical device tax. london-based smith & nephew specializing in developing orthopedic reconstruction products says the cuts are necessary to deal with the new cost associated with the tax. that is 2.3%. expected to raise nearly $30 billion over the next decade. a majors is source of consternation for many of these companies. they fought it and fought it and they lost in the end. on this jobs thing, if you're a...
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that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest abuse allegations made public following a court order against the l.a. catholic archdiocese. 30,000 pages of files surrendered. none of the names of the leaders will be blacked out in the documents. the archdiocese agreed to release paperwork which includes personnel files of 89 priests accused of sexually abusing children. the files include the names of anyone involved in possible cover-ups. >> they knew very well. now nobody can say we don't believe you. >> this proves, this really happened. on this scale. it was that bad. and now -- these are their records. >> the church has three weeks to release the doc
that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest...
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Feb 1, 2013
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a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising confirmation hearing. the sharpest exchange against senator john mccain who criticized hagel's opposition to the troop surge in iraq. and hagel apologized for using the term the jewish lobby in the past. >> i have already said i regret referencing the jewish lobby. i should have said pro israel. i think it is the only time on the record that i have ever said that. >> a republican plan to vote against him. he has backing among many democrats. >>> blinding snow blamed for a deadly pileup on a michigan highway. the mile long stretch of crashes involving 30 trucks and cars. three people were killed including two chil
a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising...
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Jan 31, 2013
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> let's get some more on this hour's breaking news. an explosion in mexico city, that happened in the high-rise tower where mexico's state-run oil company, pemex, has offices. >> televisa, a cnn affiliate, is reporting five people are dead and 75 were injured in the pemex blast. televisa also says at least 30 people are trapped. so clearly, a continuing situation. this is information comes from mexico city's district governor. another cnn affiliate also says people have been trapped in the building's basement, basement because of the blast. a developing s
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn....
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Jan 31, 2013
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guy gantic bonuses before the big tax hike. what scared me spending was really below estimates. feels like maybe the american people are beginning to hunker down. that has been a major problem. even though people give the president, you know, props if you will, in their own lives they're really not acting out on it. martha: one of the things we talk about, consumer spending. we just started to absorb the fact everyone is paying higher taxes across the board. if you make $50,000, you're, it is going up by a thousand dollars for, most people across the board. so, you know, i'm concerned about the next quarter. one quarter can be an anomaly. you have two back-to-back you've got a recession. >> martha, we have to be real an candid and face the fact that the deal on the fiscal cliff, the three-month extension on the debt ceiling, have done absolutely nothing to resolve our long-term fiscal challenges. and given the fact that we have no long-term agreement, consumers are doing exactly what you're saying. they're hungering down becaus
guy gantic bonuses before the big tax hike. what scared me spending was really below estimates. feels like maybe the american people are beginning to hunker down. that has been a major problem. even though people give the president, you know, props if you will, in their own lives they're really not acting out on it. martha: one of the things we talk about, consumer spending. we just started to absorb the fact everyone is paying higher taxes across the board. if you make $50,000, you're, it is...
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Jan 31, 2013
01/13
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under it a squatter can claim the property if they live there seven years and pay taxes on it. the 2012 taxes on that mansion? 39 grand, which i'm guessing he may not have. >> you know what? adverse possession has been around forever. you know? but he, it's interesting to me that he even knew about it. it is a bit obscure. you learn that first year in law school. >> he is smart. knew about it. >> he sure did. >> i don't blame him. >> i need to adversely possess real estate. >> aim high. aim high. >>> well, violent storms are slamming the east coast this morning, after leaving parts of the south and midwest in shambles. the giant system triggered two dozen tornadoes. one of them slammed northern georgia knocking out power, flipping over semi trucks and cars and damaging 100 homes. one man was killed when a tree crushed his trailer. another man died in tennessee. >> rough few days for weather. with that take a look at today's weather. strong storms from atlanta to new england. some morning downpours for d.c. and here in the big apple. lake-effect snow from michigan to upstate new
under it a squatter can claim the property if they live there seven years and pay taxes on it. the 2012 taxes on that mansion? 39 grand, which i'm guessing he may not have. >> you know what? adverse possession has been around forever. you know? but he, it's interesting to me that he even knew about it. it is a bit obscure. you learn that first year in law school. >> he is smart. knew about it. >> he sure did. >> i don't blame him. >> i need to adversely possess...
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Jan 30, 2013
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. >> if you politicians would only stop talking about more taxes and more gun bans and more regulations on honest people, and spend a little bit of that rhetoric and a little bit of that energy going after violent criminals of complete breakdown of our criminal justice system and the fact we don't even prosecute criminals with guns anymore, because the system has collapsed, maybe then we would make progress. >> also at some point we have got to say enough is enough. otherwise when the nra will not say that you should not permit the civilian sale of bazookas. what we're talking about is a weapon crafted for war that floats around the streets of our cities, that puts our police in a position of being outgunned by the bad guys, that has kids killing kids with them. >> since the newtown, connecticut, shooting that left 27 dead, the nra says 500,000 more people have joined its membership. >>> anderson cooper, don't miss this, taking on the gun violence debate tomorrow night. he'll take a good long look at both sides of the issue. we're calling it "guns under fire," a town hall special tomorr
. >> if you politicians would only stop talking about more taxes and more gun bans and more regulations on honest people, and spend a little bit of that rhetoric and a little bit of that energy going after violent criminals of complete breakdown of our criminal justice system and the fact we don't even prosecute criminals with guns anymore, because the system has collapsed, maybe then we would make progress. >> also at some point we have got to say enough is enough. otherwise when...
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Jan 30, 2013
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. >> maybe they want to continue living illegally and not paying taxes and enjoying all the benefits. uma: juan, do you think this the end it will be a big showdown with the president and congress over this security issue? >> it could be. but i don't think that either side wants it to slow down this process. i think we are on a fast track, uma. i think that both republicans and democrats see political advantage to getting a deal done and want it done. i think that's why senator rubio has been able to persuade so many people on the right and some -- he's a tea party favorite that this is the time to get it done, and i think from the president's perspective it's key to his legacy to his second term agenda. uma: on the other side of this, from the g.o.p. if they do get a deal done this will hopefully operate door for more hispanics to take a second look at the g.o.p. >> absolutely. what bothers me. we are on a fast track. how much will this cost. how much will we add to medicare. social security, food stamps and so on. we will ram this through likely did with healthcare and three years f
. >> maybe they want to continue living illegally and not paying taxes and enjoying all the benefits. uma: juan, do you think this the end it will be a big showdown with the president and congress over this security issue? >> it could be. but i don't think that either side wants it to slow down this process. i think we are on a fast track, uma. i think that both republicans and democrats see political advantage to getting a deal done and want it done. i think that's why senator...
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Jan 30, 2013
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KRON
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you would think that i would have than tax system hundred times. >> his agreed to host a fund raiser with the governor chris christie. as for facebook while the stock has stabilized questions still remain whether it can raise the cash cow that so many investors were they get up. >> all right now facebook is trading at $31.27. there are up over 1/2%. we will be right back. >> lay is out of your lens the press conference this morning with the players and head coach at jim harbaugh. >> both teams have the week off so it is what it is. you go with what they give you an this is the schedule. we're both on that and both teams will be ready to play on sunday. >>, a little nervous that untrained keep those emotions bottled up. it will be a good, tough game on sunday. i'm just trying to keep my composure. >> there are fewer niner fans of the bay area this morning because many of them are right now on their way to the super bowl. kron4 is will tran caught up with them on the road. >> we were on our way to new orleans and we are at the airport. we're waiting for the plane to arrive but we are n
you would think that i would have than tax system hundred times. >> his agreed to host a fund raiser with the governor chris christie. as for facebook while the stock has stabilized questions still remain whether it can raise the cash cow that so many investors were they get up. >> all right now facebook is trading at $31.27. there are up over 1/2%. we will be right back. >> lay is out of your lens the press conference this morning with the players and head coach at jim...
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Jan 30, 2013
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cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned for that. >>> oil giant bp and the justice department have agreed to a record settlement in connection with the 2010 gulf oil disaster. in addition to paying $4 billion in penalties, the company agreed to plead guilty to manslaughter for the deaths of 11 workers on the deep water horizon rig. bp could pay billions more in environmental damage. >>> another financial headline for you. there could be a big change coming to youtube. a paid subscription service. users would pay to access programs on youtube channel. the fees are said to be somewhere between $1 and $5 a month. youtube is also now considerin
cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned...
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Jan 30, 2013
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the state's considering enacting a 50% tax on ammunition, expanding a state ban on assault weapons, and banning large capacity magazines like the one used by adam lanza in the newtown shooting. this single mother from waterbury believes those changes would be going too far. >> you will take away my legal ability to protect myself and my children at a reasonable price. protecting myself and my children means i should continue to be able to select the firearm and magazine size that i believe will keep us safe. don't my children and i deserve your support, your consideration to be safe? >> not one of these gun proposals would have impacted this heinous act, nor will it affect future perpetrators. these current quick-fix, do-something bills do not address the root cause and actions of the newtown criminal. please remember gun owners are the good guys. >> reporter: the rabbi counseled many of the newtown families. >> this is serious. i do not want to come here or at any other city to describe what it's like to console parents who have had their childrens' brains shot out. >> reporter: mark m
the state's considering enacting a 50% tax on ammunition, expanding a state ban on assault weapons, and banning large capacity magazines like the one used by adam lanza in the newtown shooting. this single mother from waterbury believes those changes would be going too far. >> you will take away my legal ability to protect myself and my children at a reasonable price. protecting myself and my children means i should continue to be able to select the firearm and magazine size that i...
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Jan 30, 2013
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for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand what we're talking about and how it will impact people. the posturing and medicare is very high. in order to increase the cost is a difficult thing to do. all of these things go together. so i worry you can miss some of the problems that can happen. >> i can't help but draw a parallel to the commercial side where we have had for years efforts to try to get health care spending under control by dealing with the benefits side and inventing new benefits structures and care products and other things that would make individuals more price conscious and so forth. on the other hand, now we are d
for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand...
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introduced legislation this week that rewards businesses that violate obamacare by giving them state tax breaks up to the amount they will be fined for not complying with the law in the case of hobby lobby this bill would free lobby lobby of paying any state taxes in texas as long as they continue to violate obamacare. you see this goes on perfectly with other efforts to cripple obamacare including republican governors refusing to set up health insurance exchanges as mandated by the law and governors refusing to expand medicaid coverage to cover more and more people in their state so while president obama may have won the fight to get obamacare passed or may speciate how successful he'll be in getting the law implemented joining me now is someone who hopes he loses this fight dr betsy mccoy the former lieutenant governor of the state of new york and the author of the new book beating obamacare your handbook for surviving the new health care law dr mccoy welcome it's really good to have you on the show thank you so i just want to begin with saying you and i sort of agree i'm not a fan of
introduced legislation this week that rewards businesses that violate obamacare by giving them state tax breaks up to the amount they will be fined for not complying with the law in the case of hobby lobby this bill would free lobby lobby of paying any state taxes in texas as long as they continue to violate obamacare. you see this goes on perfectly with other efforts to cripple obamacare including republican governors refusing to set up health insurance exchanges as mandated by the law and...
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Jan 30, 2013
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who have endured brutal conditions to try to get here and then have come and been productive, paid taxes, and just want to be part of our america. >> reporter: the pastor of our lady of guadeloupe church traveled to las vegas to be in the audience as the president spoke and talked with us via skype. >> this is the story -- >> reporter: the devil will be in the details, but at least for now the faith and immigrant community likes what they hear. >> citizenship for people that are here and getting people back to work and with families. these are the things we wanted to hear. >> reporter: undocumented immigrants are not the only ones hoping for comprehensive immigration reform. 70% of latino voters cast ballots for president obama and that show is part of the reason many republicans are now onboard for that. >> i'm sam brock. talks heat up, did we forget what spoiled the entire process last time is this three words, pathway to citizenship. tonight's reality check, we take a look at the economic impact. >>> also, change on the horizon. the father of a local teen who made national headlines t
who have endured brutal conditions to try to get here and then have come and been productive, paid taxes, and just want to be part of our america. >> reporter: the pastor of our lady of guadeloupe church traveled to las vegas to be in the audience as the president spoke and talked with us via skype. >> this is the story -- >> reporter: the devil will be in the details, but at least for now the faith and immigrant community likes what they hear. >> citizenship for people...
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Jan 30, 2013
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long l
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any...
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Jan 30, 2013
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a gasoline tax is one of those options. >> a consumption tax. >> a carbon tax. howard dean is always candid. he said everybody needs to pay more tax. >> let's hear what you think about this. gasoline tax is a no-brainer. has not gone up in 20 years. i am going to put this question up for you to ask, what do you think of a gasoline tax, and remember this could happen over time, no increase in gas? 25 cents per gallon? 50 cents per gallon, seven 5 cents per gallon? a dollar a gallon? the money mostly would go directly to repair america's critical infrastructure. while they are boating, senator bennett. >> you don't have my number. >> what is your number? 15 cents. >> let's go back just for a moment. i agree, it is really important that we deal with facts and that we deal with common facts. let me tell you about europe, as a business person. there are certain countries in europe, many of which are not in crisis, that are absolutely the last place you would ever put a new job. the reason they are the last place you would put a new job is because the rules are around
a gasoline tax is one of those options. >> a consumption tax. >> a carbon tax. howard dean is always candid. he said everybody needs to pay more tax. >> let's hear what you think about this. gasoline tax is a no-brainer. has not gone up in 20 years. i am going to put this question up for you to ask, what do you think of a gasoline tax, and remember this could happen over time, no increase in gas? 25 cents per gallon? 50 cents per gallon, seven 5 cents per gallon? a dollar a...
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Jan 30, 2013
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verizon. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> take a look at this video. imagine riding this massive wave. it could be a new world record captured on video. the surfer in this photo here, just amazing, shares what it was like to ride that wave ahead on 360. f love. it's a lot of labor and it's a lot of love. i don't need to go to the gym. my job is my workout. you're shoveling ice all day long. it's rough on the back. it's rough on the shoulders. i get muscle aches all over. advil® is great. pain and soreness is just out of the picture. [ male announcer ] make the switch. take action. take advil®. and for sinus congestion, now you can get advil® combined with a proven decongestant. breathe easier with advil® congestion relief. >>> the senate voted this afternoon to confirm john kerry as the next secretary of state. as a senator john kerry voeed on his own nomination. it makes him the
verizon. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> take a look at this video. imagine riding this massive wave. it could be a new world record captured on video. the surfer in this photo here, just amazing, shares what it was like to ride that wave ahead on 360. f love. it's a lot of labor and it's a lot of love. i don't need to go to the gym. my...
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Jan 29, 2013
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surplus is due in part to business and sales taxes as well as underspending. some are pushing for the city to use the money on social services. mayor vincent gray believes the money should be saved. >> we believe that the surplus in part is an affirmation of our strategies, that they are working, that they show we are one of the nation's most financially sound jurisdictions, if not the most. >> about $50 million of the surplus came from one d.c. resident. it was from an estate tax. >>> 11 people, including some children, were injured in a chain reaction crash today. four cars were involved in the crash on new york avenue this morning. four people taken to hospitals. eastbound lanes of the road were closed down for hours. all the lanes on new york avenue now are back open. >>> still ahead inside the nightclub where hundreds were killed. new information that contributed on the mass chaos in brazil. >>> soldier lost both arms and both legs in iraq. he's received a double-arm transplant at johns hopkins university. tonight we will hear from him and his mom. >>> tw
surplus is due in part to business and sales taxes as well as underspending. some are pushing for the city to use the money on social services. mayor vincent gray believes the money should be saved. >> we believe that the surplus in part is an affirmation of our strategies, that they are working, that they show we are one of the nation's most financially sound jurisdictions, if not the most. >> about $50 million of the surplus came from one d.c. resident. it was from an estate tax....
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..taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> happening now, hillary clinton opens up to cnn about her next adventure and how her husband and daughter may be involved. the president reveals he has a plan "b" if the new push for immigration reform stalls in congress. yankees' star alex rodriguez responds to bombshell allegations about a miami clinic and performance enhancing drugs. and american woman, the mother of two mysteriously vanishes during a vacation overseas. and we'll talk to a survivor of a plane crash in the icy hudson river as he listens to that 911 call that helped save his life. i'm wolf blitzer. you're in "the situation room." >>> hillary clinton is certainly used to getting lots of attention, good and bad, after decades in the national poli
..taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> happening now, hillary clinton opens up to cnn about her next adventure and how her husband and daughter may be involved. the president reveals he has a plan "b" if the new push for...
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you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican members of congress convince their -- themselves and the people who elect them that this path to citizenship clause is tough enough that it doesn't amount to just saying, well, it's okay. you broke the rules. you can still be in this country. that's always been the tough thing. look, this was the same john mccain who when he was faceed in a primary chalening 2010 had an ad in which he is walking a border talking to a sheriff and says we need to complete the dang fence. the politics of this issue in the republican base are not as simple as they might look right now. i would say the involvement of a marco r
you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican...
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. >> the mayor did not specify which programs those were, but he said it was unlikely that property taxes would go down although that is something that the council will look at. a public hearing is scheduled for next wednesday morning 10:00 right here at the wilson building. abc7 news. >> the speed limit on the inner county connector could be raised to 70 m.p.h. if the bill in annapolis becomes law. 3 delegates are co-sponsoring the bill that would raise the speed limit from 65 to 70 miles per hour. a separate emergency bill would raise the speed limit to 60 m.p.h.. >> >> well, one person is dying for snow and the other at once warm weather. >> no, i am hoping for cold temperatures with snow. >> you will both get a little bit of what you want. basically, it will be like today tomorrow. we will get thunderstorms, i think, after dark tomorrow. after the drive,. as we transition into the colder air, there it is. back to reality. friday saturday. but not release no. just a few ostler -- fleury's. >> --
. >> the mayor did not specify which programs those were, but he said it was unlikely that property taxes would go down although that is something that the council will look at. a public hearing is scheduled for next wednesday morning 10:00 right here at the wilson building. abc7 news. >> the speed limit on the inner county connector could be raised to 70 m.p.h. if the bill in annapolis becomes law. 3 delegates are co-sponsoring the bill that would raise the speed limit from 65 to...
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also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached record levels of what they call removals, detentions and deportations of immigrants. take a look at year 2012, 409,849 detentions just to put it in perspective. similar to deporting each and everyone in cities like omaha, nebraska, oakland, california. let me also talk about somebody that a lot of people don't really know much about, and the reality is that according to the pew hispanic center the net migration from mexico to the united states has reached zero. between 200 aand 2010, 1.4 million immigrants arrived but 1.4 million or more left which again, talks about the fac
also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached...
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. >> it is almost tax time and if you are planning to claim certain education credits you need to do your homework. if you file form 88-63 the irs says do not file your return until mid february. the irs says that it needs to update processing systems before the form can be accepted. this impacts you if you have taking advantage of the american opportunity tax credits or the lifetime learning credit. other education benefits like tuition and fees and student loan interest deductions can still be clang starting on wednesday. >> san francisco mayor ed lee says that fixing the problems with the muni is on his list of top priorities. lee has already had success overhauling the cities of business tax and lining up funding for housing programs. he is hoping to bring that same success to overhaul in muni by creating a task force to help fix the system. his goal is to create a system that is capable of handling the population projections of 2030. >> the california highway patrol are continuing their investigation into a slide show that happened over the weekend. they are using these youtube
. >> it is almost tax time and if you are planning to claim certain education credits you need to do your homework. if you file form 88-63 the irs says do not file your return until mid february. the irs says that it needs to update processing systems before the form can be accepted. this impacts you if you have taking advantage of the american opportunity tax credits or the lifetime learning credit. other education benefits like tuition and fees and student loan interest deductions can...
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we were bringing in 80 billion, from taxing the rich. the new spending almost cancels out the deficit reduction of taxing the rich. you end up with zero-sum game. spend more, tax more, end up with the same deficit that we had before. you have to ask, are we really serious about controlling our spending and cutting our debt? they haven't. martha: now, stuart, the people, the republicans who were ends guess passing this bill when it came up a few weeks back got a lot of heat. charles schumer and others came out said, it was unfeeling, insensitive to the victims it of hurricane sandy. which on the face of it you can understand but weren't they actually saying, you know, we want to make sure there are commensurate cuts to pay for this bill, right? >> yes. in two respects here. number one, the pork that was in the original bill, most of it was taken out for the current bill. secondly, the republicans proposed an across the board, very small cut in spending by different federal an sis. that was completely rejected. so the spending cut to offse
we were bringing in 80 billion, from taxing the rich. the new spending almost cancels out the deficit reduction of taxing the rich. you end up with zero-sum game. spend more, tax more, end up with the same deficit that we had before. you have to ask, are we really serious about controlling our spending and cutting our debt? they haven't. martha: now, stuart, the people, the republicans who were ends guess passing this bill when it came up a few weeks back got a lot of heat. charles schumer and...
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some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state department. t.a.r.p. says the government has failed to rein in the excessive spending at aig, ally, and g.m. they took bailouts but ceos are getting hefty bonuses. kristi romero says "they continue to lack at an appreciation for their extraordinary situations and fuel to view themselves through the lenses of companies substantially owned by the u.s. government." executive pay is said to be more closely aligned for employees of similar rank in their industry. say a cfo at g.m. should be paid a similar amount to a cfo at chrysler. but surprise, romero says that hasn't happened. last y
some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state...